All you need to know - Riverstone Kensington - Flipbook - Page 24
22
The annual fee for a storage unit at Riverstone Kensington will vary depending on size.
The storage unit costs start from £988 per year. Please ask our client advisors for
more information.
Please note that our car parking spaces and storage units are not for sale or re-hire.
Valet services are available at Riverstone Kensington as part of the annual Membership
Fee. We do o昀昀er visitor parking but availability will depend on how many visitors we have
on any given day.
We o昀昀er a regular shuttle, Monday to Friday during daytime hours for local drop o昀昀s to
public transport links, local shops, or other nearby places of interest.
There is an electric Club Car that can be hired by our residents on a half day or daily
rental rate.
3.
Selling your apartment
What is the Deferred Fee?
We only charge the Deferred Fee when you or your representatives sell the apartment
after the original occupants are no longer living there. We refer to the original occupants
as “designated occupiers” in the lease. We take the Deferred Fee from the amount you or
your representatives receive when you sell the apartment.
We calculate the Deferred Fee as a percentage of the sale price achieved or open market
value, whichever is greater, when you sell your apartment. We do this by accruing an
annual percentage charge for every year that you own the apartment up to a capped
percentage amount. The annual percentage charge and Deferred Fee cap is di昀昀erent
under each Option.
Riverstone will only charge the Deferred Fee for the actual number of years and days that
you own the apartment.
